hmvod Limited — Earnings Release 2005

Aug 10, 2005

GEM

TAI SHING<08103> - Results Announcement (Q1, 2005/2006, Summary)

Tai Shing International (Holdings) Limited announced on 10/08/2005:
(stock code: 08103 )

Year end date :31/03/2006
Currency :HKD
Auditors' report :N/A
1st Quarterly Report Reviewed by :Audit Committee

Important Note :

This result announcement form only contains extracted information from
and should be read in conjunction with the detailed results announcement
of the issuer, which can be viewed on the GEM website at
http://www.hkgem.com

                                     (\* Unaudited)     (\* Unaudited)
                                          Current Last Corresponding
                                           Period            Period
                                   from 01/04/2005   from 01/04/2004
                                     to 30/06/2005     to 30/06/2004
                                             $'000             $'000

Turnover : 19,393 1,772
Profit/(Loss) from Operations : 578 (263)
Finance cost : (45) (2)
Share of Profit/(Loss) of Associates : N/A N/A
Share of Profit/(Loss) of Jointly
Controlled Entites : N/A N/A
Profit/(Loss) after Taxation & MI : (103) (265)
% Change Over the Last Period : N/A
EPS / (LPS)
Basic (in dollar) : (HKD 0.0014) (HKD 0.0064)
Diluted (in dollar) : N/A N/A
Extraordinary (ETD) Gain/(Loss) : N/A N/A
Profit (Loss) after ETD Items : (103) (265)
1st Quarter Dividends per Share : NIL NIL
(specify if with other options) : N/A N/A
B/C Dates for 1st Quarter Dividends : N/A
Payable Date : N/A
B/C Dates for (-) General Meeting : N/A
Other Distribution for Current Period : NIL
B/C Dates for Other Distribution : N/A
(bdi: both days inclusive)

For and on behalf of
Tai Shing International (Holdings) Limited

Signature :
Name : Luk Yat Hung
Title : Chairman

Responsibility statement

The directors of the Company (the "Directors") as at the date hereof
hereby collectively and individually accept full responsibility for the
accuracy of the information contained in this results announcement form
(the "Information") and confirm, having made all reasonable inquiries,
that to the best of their knowledge and belief the Information are
accurate and complete in all material respects and not misleading and
that there are no other matters the omission of which would make the
Information herein inaccurate or misleading.The Directors acknowledge
that the Stock Exchange has no responsibility whatsoever with regard to
the Information and undertake to indemnify the Exchange against all
liability incurred and all losses suffered by the Exchange in connection
with or relating to the Information.

Remarks:

1. Turnover

The principal activities of the Group are the provision of systems
development and integration, sales of software and hardware products,
provision of professional services and provision of training
services. Turnover represents income arising from the provision of
systems development and integration and consultancy services,
provision of IT engineering and technical support services, the sales
of software and hardware products and the provision of training
courses.

An analysis of the turnover by principal activities of the
operations of the Group during the reporting periods is as follows:

                                      Unaudited
                             Three months ended 30 June
                               2005                 2004
                            HK$'000            HK$'000

Principal activities

Systems development 19,050 902
and integration
Sales of software - 11
and hardware
products
Professional 281 818
services fees
Training fees 62 41
19,393 1,772

1. Profit / (loss) from operations
   Profit / (loss) from operations is stated after charging /
   (crediting):

                                  Unaudited
                           Three months ended 30 June
                            2005                 2004
                          HK$'000            HK$'000
   

Crediting

Interest income - -

Charging

Auditors' - -
remuneration
Depreciation 15 7
Finance costs -
bank interests 45 2

Operating lease 44 42
Staff costs 3,811 1,761

1. Earnings / (loss) per share

The calculation of basic loss per share for the three months ended
30 June 2005 was based on the loss of approximately of HK$103,000
attributable to the shareholders (2004: loss of HK$265,000) divided
by the weighted average number of 75,105,000 for the three months
(2004: 41,717,800 as restated) in issue during the period.

There were no potential dilutive ordinary shares in issue during the
three months ended 30 June 2005 and 2004.